Masters/Postgraduate Cost Accounting Assessment resources

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Masters/Postgraduate Cost Accounting Assessment resources

By Store of Finance and Accounting
Understanding Absorption Costing image

Absorption costing is a crucial method in cost accounting used for calculating the manufacturing cost of a product. It includes labor cost, material cost, and all direct and indirect costs associated with product...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Case Study on Cemex - Managerial Accounting image

Company Background CEMEX ® (Cementos Mexicanos) fabricates large concrete slabs. The company had achieved remarkable growth in recent years, becoming an important player in the production of specialized concrete slabs...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and answers relating to Cost Accounting image

Q1. The volume of books that One.com, an online book retailer, needed to sell in order to break-even in July 2014 was 10,000 units. Fixed expenses per month (salaries and warehousing) are $60,000. The selling price per...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Cost Accounting image

Rollins and Cohen, CPAs, offer three types of services to clients: auditing, tax, and small business accounting. Based on experience and projected growth, the following billable hours have been estimated for the year...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and Answers on Managerial Accounting image

1 Flex Electronics manufactures and sells two types of custom USB flash drives with organization logo: USB drive #1 and USB drive #2. The company forecasts the following data for year 2017: USB Drive #1 USB Drive #2...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Cost Accounting image

Paint More LLC, has organized a new division to manufacture and sell speciality paint. The division's monthly costs are shown below:

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Cost Accounting image

Walsh company expects sales of Product W to be 60,000 units in April 75,000 units in May and 70,000 units in June. The company desires that the inventory

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and Solutions on Cost Accounting image

The Outdoor Store began 2014 with 70,000 units of inventory that cost $42,000. During 2014, the Outdoor store purchased merchandise...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
AMBA 605 Course Materials - PREMIER PRODUCTS, INC. image

PREMIER PRODUCTS, INC. Premier Products, Inc. manufactures tennis rackets. Premier Products has grown extensively over the past two years. While the company has been very profitable, President Mark Harrison is concerned...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
What are potential cost drivers for an ABC system at Virgin America? image

After several years of losses, Virgin America recently announced that it anticipates a profit for 2013. Although the company is expecting a profit for 2013, it still is not out of the woods. Critics have called for...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Cost Accounting Questions image

Bill’s Lawn Care Module 3 Mini Practice Problem In June, Bill decided to open a small retail operation selling bags of fertilizer to the public. He has decided to begin by offering two kinds of fertilizer. Below is the...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and Answers relating to Managerial Accounting image

QUESTION 1 The standard amount of materials required to make one unit of Product Q is 4 pounds. Suarez’s static budget showed a planned production of 4,000 units. During the period the company actually produced 4,100...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and answers relating to Cost / Managerial Accounting image

Question 1 The sole product of Mav corp is priced at $200 per unit. Variable costs are $60 per unit. Fixed expenses are $105,000 per month. The company is currently selling 1,000 units per month. Management is...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and Answers on Managerial Accounting image

Business Description You will assume the role of an entrepreneur to start a small company. Your company will produce and sell gourmet cupcakes through a storefront in a location of your choice. Your business is...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and Answers on Managerial Accounting image

Compute your DM variances given the following information: Big Bend Co fixed budget for the year is shown below:

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
ACCOUNTING 2302 Spring 2017, CPA BUDGET PROJECT image

ACCOUNTING 2302 Spring 2017 – Kristy McDermott, CPA BUDGET PROJECT Objective: To understand and apply the basic concepts of profit planning. Due date: Monday April 17th, 11:59 pm. (Submit the assignment in...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and answers on Managerial Accounting image

After reading an article about activity-based costing in a trade journal for the furniture industry, Adria Lopez wondered if it was time to critically..

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and answers relating to Cost Management image

Balliser Company sells its products for $100 each. The current production level is 30,000 units although only 25,000 units are sold..

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and answers relating to Cost Accounting image

Helix Company produces costumes used in the television and movie industries. Recently the company received an ongoing order for Samurai..

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and answers relating to Cost Accounting image

Ferris Ltd of Australia has two divisions, one in Perth and one in Darwin. Selected data on the two divisions follow: